Company Valuation: Rama Phosphates Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 2,300 7,629 3,099 2,836 2,907 3,667
Change - 231.69% -59.38% -8.48% 2.48% 26.17%
Enterprise Value (EV) 1 2,346 8,091 4,247 4,319 4,163 5,054
Change - 244.83% -47.5% 1.69% -3.61% 21.4%
P/E 5.46x 10.9x 7.57x -9.13x 21.3x 6.97x
PBR 1.13x 2.83x 1x 0.8x 0.78x 0.87x
PEG - 0.2x -0.2x 0x -0x 0x
Capitalization / Revenue 0.4x 0.87x 0.35x 0.47x 0.39x 0.41x
EV / Revenue 0.4x 0.92x 0.49x 0.72x 0.56x 0.57x
EV / EBITDA 3.89x 7.25x 5.88x -18.4x 9.87x 5.96x
EV / EBIT 4.22x 8x 6.61x -14.1x 11.7x 6.43x
EV / FCF 17.7x -17.5x -7.35x -26.5x 25.4x -19.4x
FCF Yield 5.66% -5.73% -13.6% -3.77% 3.94% -5.15%
Dividend per Share 2 1 1 0.5 - 0.25 0.75
Rate of return 1.54% 0.46% 0.57% - 0.3% 0.72%
EPS 2 11.9 19.79 11.57 -8.779 3.864 14.9
Distribution rate 8.4% 5.05% 4.32% - 6.47% 5.04%
Net sales 1 5,805 8,783 8,748 6,032 7,437 8,930
EBITDA 1 602.6 1,115 722.8 -234.6 421.9 848.2
EBIT 1 555.5 1,011 642.4 -307.1 356.5 786.4
Net income 1 421.1 700.4 409.3 -310.7 136.8 527.1
Net Debt 1 46.26 461.7 1,148 1,483 1,257 1,387
Reference price 2 65.00 215.60 87.58 80.15 82.14 103.75
Nbr of stocks (in thousands) 35,386 35,386 35,386 35,386 35,386 35,349
Announcement Date 9/3/21 A 7/29/22 A 7/25/23 A 7/20/24 A 7/18/25 A 7/17/26 A
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.34x4.38x7.01x3.21% 22.58B
7.66x2.12x4.55x1.85% 17.31B
12.42x3.59x8.11x6.1% 15.41B
7.24x0.81x4.02x7.47% 11.16B
-13.72x1x7.7x3.83% 7.33B
13.05x4.89x9.23x0.8% 6.53B
27.86x1.62x16.3x0.55% 6.4B
11.72x1.88x4.94x6.94% 5.66B
Average 9.82x 2.54x 7.73x 3.84% 11.55B
Weighted average by Cap. 9.88x 2.82x 7.10x 3.88%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  5. Valuation Rama Phosphates Limited